Tag Archives Global Economy

At times like these, it’s worth considering the words of Carl Sagan. https://youtu.be/wupToqz1e2g Pale Blue Dot Look again at that dot. That's here. That's home. That's us. On it everyone you love, everyone you know, everyone you ever heard of, every human being who ever was, lived out their lives. The aggregate of our joy and suffering, thousands of confident…

Book - Limits of Growth

The Club of Rome's report from 1972 is 50 years old. I read it when it was first published... A sobering and influential read then. What's changed in that time? World Model Standard Run as shown in The Limits to Growth The Last Call? https://youtu.be/gt4WsMfi6d0 Links Limits to Growth ... was right!The Club of Rome – Limits to Growth Is Global…

PISA Results 2000-2009

At a time when it appears revealed truths, beliefs and opinions are increasingly privileged in public and political debate,there was always Hans... Vale, Hans Rosling Links The ignorance project GapMinder Tools  

Indian Currency

The team at HowMuch.net  continue their excellent work. The full article can be found here. The Global Finance Magazine recently released an article comparing countries by income across the world for 2015, sourcing data from the World Bank. Gross National Income (GNI) per capita is the final income earned by a country’s residents divided by the total population. Countries are…

"Capital in the Twenty-First Century", written by the French economist Thomas Piketty I am yet to finish reading this, but earlier this year, the economist said: "Capital" is built on more than a decade of research by Mr Piketty and a handful of other economists, detailing historical changes in the concentration of income and wealth. This pile of data allows Mr Piketty…

Tim Harford wrote a piece in ft.com earlier this year, documenting the [not-so-surprising] inaccuracy and just-plain "wrongfulness" of economic forecaster[s] [ing]...... In the 2001 issue of the International Journal of Forecasting, an economist from the International Monetary Fund, Prakash Loungani, published a survey of the accuracy of economic forecasts throughout the 1990s. The record of failure to predict recessions is…

Book - Limits of Growth

[Source: Club of Rome] I was a school student when this first Club of Rome Report was widely heralded. I was in University studying Geography, History, Literature and Politics when I looked closely at its research and findings. I was teaching when the "20 year old" report was critiqued as flawed and plain wrong. As Limits to Growth concluded in 1972:…

The OECD has published a series of country notes that assesses progress that countries have made in responding to Going for Growth policy recommendations since 2011. It identifies and discusses new priority areas where structural reforms are needed to lift growth across OECD and BRIICS countries. The Australian country note is below.

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